Screenshot 2025-12-12 at 9.32.30 PM

Monee Village Board Approves New Streaming Tax and 2025 Tax Levy

Spread the love

Monee Village Board Meeting | Dec. 10, 2025

Article Summary: The Monee Village Board of Trustees has approved two significant financial ordinances: a new tax on streaming services and the annual property tax levy. Officials described the new “amusement tax” on streaming as a necessary step to diversify revenue streams without increasing the burden on property owners.

Monee Tax & Finance Key Points:

  • Streaming Tax Approved: The board voted unanimously to enact an “amusement tax” on video and audio streaming services, which is expected to generate approximately $20,000 annually.

  • Tax Levy Passed: Trustees approved the 2025 tax levy, which captures revenue from properties entering the tax rolls from Tax Increment Financing (TIF) District 3.

  • Budget Prep: The Finance Department will begin preparations for the fiscal year 2027 budget next month.

  • TIF Surplus: Surplus funds from TIF District 3 have been received by Will County for distribution to taxing bodies.

The Monee Village Board of Trustees on Tuesday, December 10, 2025, voted to implement a new tax on streaming entertainment services and approved the village’s 2025 property tax levy.

The board unanimously approved an ordinance pertaining to amusement taxes, specifically targeting streaming services. While the specific percentage was not debated during the open session, the ordinance text attached to the agenda sets the rate at 8% of charges paid for streaming services.

Village Attorney Larry Gryczewski noted that many villages have enacted similar taxes to capture additional revenue for public purposes.

When asked by Trustee Michael Wilson about the potential revenue impact, Finance Director Daryl Bettenhausen estimated the tax would bring in approximately $20,000 in additional annual revenue.

“It’s not a windfall, but every little bit will help the village,” Bettenhausen said.

Trustee Chuck Rakis praised the move as an effort to find alternative funding sources. “I know you’ve been tasked with a lot this year, especially finding new streams of revenue for the village so then that way we don’t have to pass along to the residents and keep the levy where it’s at,” Rakis said.

In addition to the new tax, the board held a public hearing and subsequently approved the 2025 tax levy for the fiscal year beginning May 1, 2025. Rakis explained that this levy is designed to capture future revenue from properties soon to be added to the tax rolls following the expiration of TIF District 3.

“We’re pleased to report that the surplus funds from TIF 3 have been received by Will County and will be distributed to all taxing districts, which should benefit each stakeholder in our community,” Rakis said.

The board also approved several significant payments for infrastructure projects, including $438,411.53 to Iroquois Paving Corporation for the Country Meadows access road improvements and $115,226.98 to Crockett Construction for work at Marie LeFevre Bailly Park.

Leave a Comment





Latest News Stories

Screenshot 2026-05-22 at 9.30.00 AM

Meeting Summary and Briefs: Village of Monee Board of Trustees for May 13, 2026

Village of Monee Board of Trustees Meeting | May 13, 2026 The Monee Village Board met in regular session Tuesday, May 13, 2026, with Mayor Therese Bogs presiding and all...
Screenshot 2026-05-22 at 9.30.00 AM

Monee Establishes Abandoned Property Acquisition Program to Return Blighted Lots to Tax Rolls

Village of Monee Board of Trustees Meeting | May 13, 2026 Article Summary: The Monee Village Board on Tuesday, May 13, 2026, adopted an ordinance creating an abandoned property acquisition...
Screenshot 2026-05-22 at 9.30.00 AM

Monee Amends Building Code to Exempt Single- and Two-Family Homes From Sprinkler Rule

Village of Monee Board of Trustees Meeting | May 13, 2026 Article Summary: The Monee Village Board on Tuesday, May 13, 2026, approved three ordinances amending the village building code...
Screenshot 2026-05-22 at 9.30.00 AM

Monee Board Approves $455,580 Payment for Fireman’s Park Phase 2 Construction

Village of Monee Board of Trustees Meeting | May 13, 2026 Article Summary: The Monee Village Board on Tuesday, May 13, 2026, approved a $455,580 payment to Metropolitan Corporation for...
Bill to let felons vote from prison draws criticism from Republicans

Bill to let felons vote from prison draws criticism from Republicans

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Some Democrats and electoral rights groups want progress on legislation in Springfield that would give people in...
Supreme Court yet to decide high profile cases

Supreme Court yet to decide high profile cases

By Andrew RiceThe Center Square Birthright citizenship, transgender athletes in female sports and federal firing powers are among more than two dozen cases yet to be decided by the U.S....
Government spending on seniors' benefits soon to make up majority of federal budget

Government spending on seniors’ benefits soon to make up majority of federal budget

By Thérèse BoudreauxThe Center Square More than half of the federal budget will go toward benefits for Americans 65 years and older by 2036, and that percentage is set to...
Illinois Dems seek to expand post-release convict support, housing

Illinois Dems seek to expand post-release convict support, housing

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Lawmakers in Springfield are pushing to pass legislation to provide people recently released from prison with housing,...
$580B federal highway bill clears committee; includes rail safety, EV fees

$580B federal highway bill clears committee; includes rail safety, EV fees

By Thérèse BoudreauxThe Center Square A long-awaited bill spending $580 billion on American highways and transportation infrastructure is on track to hit the U.S. House floor for a vote as...
Tennessee smuggling charges against Kilmar Abrego Garcia dismissed

Tennessee smuggling charges against Kilmar Abrego Garcia dismissed

By Kim JarrettThe Center Square A federal judge dismissed Tennessee charges against a man who, at one time, was at the center of the immigration debate. Kilmar Abrego Garcia was...
NASA reorganizes to accelerate Moon Base, lunar programs

NASA reorganizes to accelerate Moon Base, lunar programs

By Brett RowlandThe Center Square NASA announced a reorganization of the agency Friday, restructuring key mission directorates to accelerate its lunar exploration program even as Congress and the White House...
Gabbard announces resignation, cites personal reasons

Gabbard announces resignation, cites personal reasons

By Sarah Roderick-FitchThe Center Square Director of National Intelligence Tulsi Gabbard announced her resignation Friday afternoon, citing personal reasons. The former Democratic congresswoman from Hawaii will remain at her post...
Illinois Quick Hits: Community College reimbursement bill passed

Illinois Quick Hits: Community College reimbursement bill passed

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bill expanding state taxpayer-funded tuition assistance for students in community college is headed to Gov. J.B....
Powell out, Warsh in as new chair of Federal Reserve

Powell out, Warsh in as new chair of Federal Reserve

By Morgan SweeneyThe Center Square Kevin Warsh, an economist and former member of the Federal Reserve Board of Governors, is now chair of the central bank, replacing longtime chair, Jerome...
Nessel pushes back as Trump administration extends order keeping coal plant open

Nessel pushes back as Trump administration extends order keeping coal plant open

By Elyse ApelThe Center Square The Trump administration has again extended its emergency order keeping a west Michigan coal plant operating. U.S. Energy Secretary Chris Wright issued a fifth emergency...